New Joint Freehold & Co-ownership Opportunity in Tenerife
Joint Freehold is the new buzzword in Tenerife. We are proud to be selected as a leading Tenerife Estate agent for this new investment opportunity in Tenerife. You can now own a holiday property on a Joint Freehold basis with other like minded people, a new and unique concept.
This is one of the most exciting opportunities to invest in a holiday property and benefit from extended holiday use. Co-ownership is the American term for this new concept but the difference here is you actually become a joint freeholder, so we prefer to use that term.
Joint Freehold Benefits
- You buy into a large and luxurious property for holiday use at an affordable cost.
- You are given a title deed when you purchase along with other co-owners.
- You have the same protection as if you fully owned the property.
- The cost of ownership is shared with other joint freeholders on a proportional basis so ownership costs are far lower than owning the property outright.
- Transparency in all accounting because you have access to all the accounts.
- This opportunity suits potential investors who want to buy a holiday home in Tenerife but either can't afford to invest enough to buy what they would like, or those who simply don't want the liability of owning a property when they are not using it.
- Provisions have been put in place to attract rental income for those who want to invest in this freehold opportunity with low capital investment.
The Joint Freehold Development
The development is located within Chayofa Country Club amidst the peaceful and exclusive suburb of Chayofa, near Los Cristianos on Tenerife.
Stylish and spacious studios, one bedroom apartments and villas are now becoming available. No expense has been spared in the quality of furnishings or finishes in these properties, high end fixtures and fittings have been used which you would seldom find in the freehold property market in Tenerife.
Buying into a joint freehold at Chayofa Country Club enables purchasers to own a much larger and top quality holiday home than could otherwise be afforded. The joint freeholders at Chayofa Country Club will benefit from many additional services and amenities, which are rarely available on normal holiday complexes.
Tenerife Golfing Package
A special Tenerife golfing package has been negotiated for joint freeholders to enable play on the superb Golf Del Sur course in the south of Tenerife for as little as €15 per round. This considerable saving has been negotiated for golfers and means that the more you play the more you save. These savings can be huge if you are a keen golf player; for example 4 players, playing 5 times a week will save €1,200.